Travel and Tourism

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Tourist Attractions in Canada

Jul 2014|Pages: 13

Price: US$900

About this Report

Executive Summary

TRENDS

Tourist attractions’ performance in 2013 trended with the dynamics of overall travel and tourism, with moderate value growth and relatively flat volume growth reflecting slow increases in visitor counts and spending. Domestic travellers are an important source of business for tourist attractions, particularly given the greater number of domestic trips compared to inbound trips as well as the faster rise in number of people and spending by domestic tourists.

PROSPECTS

Tourist attractions will benefit from continued growth in domestic tourism and the increase in the number of visitors to Canada expected over the forecast period. The infrastructure is not expected to change significantly, as value growth will come from the increase in number of people visiting attractions. Fuelled by forecast growth for both inbound and domestic tourism, tourist attractions in Canada will register a constant value CAGR of 2% to reach C$8.5 billion in 2018, with the number of visitors increasing at a CAGR of 1% over the forecast period.